The Brussels crypto company Keyrock is valued at over one billion euros.
An “more activist” industrial policy has been universally agreed upon as a way to simplify the lives of businesses, without necessarily “over-regulating”. It is important to avoid endangering consumer and worker safety or financial stability.
There is a need to promote the emergence and strengthening of a cutting-edge industry in Europe, which gives a more active role to industrial policy. To compete with the US and China, Europe must support the rise of “future European champions” rather than favoring current national or European “champions”.
This is especially true for the defense industry (as well as for major infrastructures, energy, and others), where large “national champions” often dominate public markets, while innovative new companies in Ukraine often offer key military solutions.
Historic contracts, massive recruitment, record revenues: Odoo’s staggering numbers.
A truly European defense is needed in the current geopolitical context, with increased budgets and more synergies through a single market in this sector, along with European-wide tenders.
As Mario Draghi recently stated, Europe is taken seriously when it is federal, as seen in monetary, trade, and competition policies. It is crucial for defense to transfer some national budgets to the European level for a truly unified approach.
The green transition is essential not only to protect the climate but as a geopolitical imperative for Europe. A higher share of decarbonized energy would be advantageous at a time when oil and gas supplies are becoming more uncertain and costly.
I-care reaches a valuation of over a billion euros: “Becoming a unicorn is a symbolic achievement.”
Answers to how to achieve “more Europe” for greater growth potential, reduce national regulations, transfer budgets to the European level, and prevent setbacks in areas like the green transition were discussed.
Three responses emerged: 1. The need for a “unifying project” that European citizens can support, focusing on prosperity and security while offering financial compensation to protect those affected by industrial changes. 2. A “realistic European project” to avoid challenging essential national regulations, centered more on high-growth young companies and certain categories of workers. 3. “Flexible integration” through a coalition open to new entrants, beyond current EU members, such as in defense where participation from the UK and even Ukraine would be beneficial.
Accomplishing this ambitious agenda may be challenging, but it is vital and urgent in a rapidly changing world.
